United Natural Foods Cyberattack Cuts Q4 Earnings, Operations Restored
United Natural Foods Cyberattack Cuts Q4 Earnings, Operations Restored

United Natural Foods Cyberattack Cuts Q4 Earnings, Operations Restored

News summary

United Natural Foods Inc. (UNFI), the largest supplier to Whole Foods, experienced a cyberattack in early June 2025 that disrupted its operations, causing reduced sales volume and increased operational costs. The company took systems offline to contain the unauthorized activity but has since restored core systems essential for electronic ordering and invoicing, allowing business operations to normalize and product distribution to resume. UNFI reported that no personal or protected health information was compromised, thus avoiding consumer notifications. The cyberattack is expected to materially impact UNFI's net income and adjusted EBITDA for the fourth fiscal quarter of 2025, but the company believes it will not affect its overall financial condition or longer-term strategic goals. UNFI anticipates its cybersecurity insurance will cover the costs related to the incident, although the claims process may continue into fiscal 2026. The company plans to provide a financial update in July reflecting the incident's impact, and despite short-term challenges, analysts currently maintain a hold rating on the stock with an average price target suggesting potential upside from current levels.

Story Coverage
Bias Distribution
100% Left
Information Sources
daae85f0-2883-42fc-b085-888140adf30d
Left 100%
Coverage Details
Total News Sources
1
Left
1
Center
0
Right
0
Unrated
0
Last Updated
37 days ago
Bias Distribution
100% Left
Related News
Daily Index

Negative

24Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage
Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News